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BMA: Budget could be disastrous for manufacturing

The Barbados Manufacturers Association (BMA) anticipates that the increased taxes imposed in the Budget will lead to further contraction of the economy, job losses and business closures. In his latest effort to drag the...

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Budget a tax grab, says retired banker

Government’s plan to impose a two per cent fee on all foreign exchange transaction is being described as nothing but a “tax grab” by one of this island’s most noted operators in the financial...

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BCCI: Taxes could drive businesses underground

 One of the island’s leading businessmen is warning that the planned introduction of fees on foreign exchange transactions and a whopping increase in the National Social Responsibility Levy (NSRL) could have damning consequences for...

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Budget a ‘vicious tax grab’

In a scathing rebuff of the 2017 Financial Statement and Budgetary Proposals, Opposition Leader Mia Mottley charged that Minister of Finance Chris Sinckler had handed Barbados the “most vicious tax take” ever to hit this...

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Sinckler delivers ‘No Hope’ budget

Even worse times are ahead for Barbadians under the Democratic Labour Party (DLP) government. This was the general consensus after Minister of Finance, Chris Sinckler, announced harsh new taxation measures in delivering his annual...

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